4h time frame
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PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future.
TP: 1.7 / 2
SL: 0.8225
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PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future.
TP: 1.7 / 2
SL: 0.8225
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🌕Discussion group: t.me/rextalkcrypto
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→Join Teaching Group for free!(PM me)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.